Roth IRA
What Is a Backdoor IRA?
As Todd Campbell explains in this Motley Fool article, there’s no such thing as an official backdoor Roth IRA. Because high-income earners cannot directly contribute after-tax money to a Roth IRA, they must fund one through the backdoor approach. Note, traditional IRAs have no income…
Understanding Roth IRAs
Tax reform measures implemented last year have resulted in increased attractiveness in the use of Roth IRAs as a key in planning retirement finances, according to a post cumberlink.com’s Business page. Written by The Motley Fool’s Dan Caplinger, the article covers…